Chevron U.S.A. acquires 5% shares in Ocean GeoLoop for NOK 100 million

VERDAL, NORWAY: Ocean GeoLoop AS, the green tech company developing multifunctional environmental technologies based on nature’s own processes, announced a NOK 100 million investment at NOK 37 per share by Chevron U.S.A. Inc., and a memorandum of understanding to identify areas of potential technical or commercial collaboration (MOU). “Ocean GeoLoop is pleased to announce Chevron…